Geostrategy

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

Israel destroys home of Palestinian accused of killing settlers

Israel routinely demolishes the homes of Palestinians accused of carrying out attacks, arguing that such measures act as a deterrent, while critics say it...
  • The apartment of Moaz al-Masry, who was killed by Israeli forces following the April 7 attack, was demolished in the early hours
  • Masry, along with two others, was accused of shooting dead Israeli settler Leah Dee and her daughters Maia and Rina

UN says ‘delusional conspiracy theories’ behind global violence

Geneva, Switzerland - The pernicious "'great replacement' conspiracy theories" spreading in many countries are "delusional" and racist and are directly spurring...
  • United Nations High Commissioner for Human Rights Volker Turk also took aim at the "war on woke", which he stressed was "really a war on inclusion"
  • Turk insisted that racially mixed and multicultural societies were not something to fear but should be seen as a benefit to people everywhere

US Vice President calls for ‘immediate ceasefire’ in Gaza

Taking an unusually sharp tone, Harris demanded Israel "do more to significantly increase the flow of aid" into Gaza, where...
  • Kamala Harris's comments on Sunday came as Washington led a push to lock in a truce before Ramadan
  • According to a senior US official, Israel has broadly accepted the terms of proposal to pause the five-month-old war

Gaza truce talks in Cairo as heavy fighting rages

An Israeli siege on Gaza has sparked UN warnings of famine, and France's foreign ministry said Israel is "clearly responsible"...
  • Envoys from the United States, Qatar and Hamas arrived in Cairo, Egyptian state-linked media reported Sunday, the latest effort towards a six-week truce
  • But sticking points remained, including a Hamas demand that Israeli forces entirely withdraw from the Gaza Strip after almost five months of devastating war

Saudi Arabia to imprison, fine people for helping, employing illegal immigrants

RIYADH, SAUDI ARABIA – The Directorate of Public Security stressed that anyone who facilitates the entry, transfer or employment of...
  • The means of transportation used for bringing illegal immigrants will be confiscated.
  • The housing unit used to shelter illegal immigrants will be confiscated, as per the law.

Polls for Iraq Kurd parliament postponed to June

Iraqi Kurds announced that polls to elect a new parliament in the autonomous region would be held in June, after...
  • Regional president Nechirvan Barzani signed the order for the elections to be held on June 10, a presidency statement said.
  • In August last year, authorities announced polling would take place on February 25 after consultation with the parties.

Cargo ship sunk by Houthis poses environmental risk, says US military

Yemen's government also said earlier Saturday that the ship which was departed UAE and was bound for the Bulgarian port...
  • Houthis claimed the February 18 attack against the Rubymar, a cargo ship flying a Belizean flag and operated by a Lebanese firm, which transported combustible fertilizers
  • US Central Command (CENTCOM) confirmed late Saturday that the vessel "sank in the Red Sea after being struck" by an anti-ship ballistic missile last month

Israeli strike near Gaza’s Rafah hospital kills 11

A paramedic was among those killed and children were wounded in the blast close to the Emirati Maternity Hospital, ministry...
  • The Israeli army said it had carried out a "precision strike" in the area of the hospital
  • WHO chief Tedros Adhanom Ghebreyesus said the strike was "outrageous and unspeakable"

Trump wins vote in 3 states, edging toward nomination

The voting Saturday in Missouri, Michigan and Idaho were hybrid internal elections with differing rules, in some cases reflecting rifts...
  • Trump has now won every state nominating contest heading into next week's "Super Tuesday"
  • The former president has gained huge momentum in the race to capture the Republican nomination

SpaceX launch taking crew to ISS delayed again by weather

Hours before Saturday night's scheduled launch, SpaceX posted on X that "elevated winds" forced the delay. It was the latest...
  • The company announced that the launch was delayed, and NASA said the agency would now target Sunday at 10:53 pm for liftoff
  • The SpaceX Crew Dragon named Endeavour is to carry the four atop a Falcon 9 rocket from the Kennedy Space Center in Florida

Seizure of vessel anchored near UAE coast close to Hormuz raises Gulf tensions

The incident came hours after India condemned an attack on an Indian-flagged vessel off Oman’s coast, calling continued assaults on...

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Israel army says Gaza City now ‘a dangerous combat zone’

The Israeli military, however, is gearing up to expand the fighting and seize Gaza City, with its Arabic-language spokesman saying:...

Israeli minister calls to annex Gaza if Hamas doesn’t surrender

Israel's Finance Minister Bezalel Smotrich on Thursday called on the government to begin annexing parts of the Gaza Strip if...

Israeli forces raid site near Syria capital after bombing it several times: state media

Israeli forces conducted an overnight airborne raid on a site near the Syrian capital after bombing it several times, Syrian...

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Iran says return of IAEA inspectors not full resumption of cooperation

Iran said Wednesday that the return of UN nuclear inspectors did not represent a full resumption of cooperation, which was...
  • Inspectors from the International Atomic Energy Agency began work at the key nuclear site of Bushehr in southwestern Iran, the nuclear watchdog's chief Rafael Grossi said
  • "No final text has yet been approved on the new cooperation framework with the IAEA and views are being exchanged," Foreign Minister Abbas Araghchi said, quoted by state television

Israel ups pressure on famine-struck Gaza City as Trump talks post-war plan

On the ground, Gaza's civil defence agency said Israeli strikes and gunfire killed at least 38 people on Wednesday, including...
  • Israel is under mounting pressure both at home and abroad to end its almost two-year campaign in Gaza, where the United Nations has declared a famine
  • On the ground, Gaza's civil defence agency said Israeli strikes and gunfire killed at least 38 people on Wednesday, including 16 in Gaza City

Erdogan jubilant as ‘Steel Dome’ air defence system delivered to military, hails it a milestone

Last August, Turkey, a member of NATO, unveiled plans to build a multi-layered air defence system to protect its airspace,...
  • "Today we are providing our army with the Dome system, consisting of 47 vehicles worth $460 million, which will inspire confidence in friends and fear in enemies," Erdogan said
  • "This system will make the world of difference for Turkey's air defence. This is a turning point for Turkey," he said at a ceremony at the hqrs of Turkish defence giant Aselsan